Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%
Price spread now: HTX against Aster+0.111%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$320.323% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.111%, 7d avg +0.029%
=Together, before fees−0.052%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.083% dearer against Aster than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SPYUSDT | 772.29 | 0 | get 0.0000% / 8h | 7h 30m | $863K | $199K | 20x |
| Short | HTX SPY-USDT | 773.15 | 0 | get 0.0000% / 8h | 7h 30m | $300K | $38K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.111% → +0.029%
- $8.27
- Slippage, 4 orders
- −$12.31
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$24.04
- Costs to cover
- 0.323%
- Break-even
- never at this rate
Slippage from Aster: live order book, 3 min ago; HTX: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 3 min ago | 0.45 bp | 4.6 bp −$5 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell HTX live order book, 2 min ago | 2.46 bp | 13.7 bp −$14 | 14.5 bp −$145 | doesn't fit | doesn't fit |
SPY on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPY-USDT | −0.0120% | 8h | 772.32 | +0.004% | $416K | $438K | 50x | as long as short |
| Phoenix SPY | −0.0031% | 1h | 771.89 | −0.052% | $158K | $151K | 20x | as long as short |
| Aster SPYUSDTlong | 0.0000% | 8h | 772.29 | long leg | $863K | $199K | 20x | |
| Binance SPYUSDT | 0.0000% | 8h | 772.22 | −0.009% | $28.6M | $75.3M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 772.13 | −0.021% | $6.2M | $1.5M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 772.15 | −0.018% | $7.8M | $3.1M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 771.94 | −0.045% | $793K | $2.5M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 772.21 | −0.010% | $29.6M | $11.6M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 772.47 | +0.023% | $10.9M | $1.5M | 50x | as long as short |
| GRVT SPY_USDT_Perp | 0.0000% | 8h | 772.84 | +0.071% | $159K | $330K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SPY-USDT | 0.0000% | 8h | 773.40 | +0.144% | $2K | $1.3M | 10x | as long as short |
| HTX SPY-USDTshort | 0.0000% | 8h | 773.15 | +0.111% | $300K | $38K | 50x | |
| Lighter RH SPY | +0.0032% | 1h | 772.34 | +0.006% | $56.7M | $118.7M | 50x | as long as short |
| Deribit SPY_USDC-PERPETUAL | +0.0035% | 1h | 771.94 | −0.045% | $23K | $55K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 771.52 | −0.100% | $922K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 771.10 | −0.154% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 771.77 | −0.067% | $4.8M | $849K | 20x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 772.12 | −0.022% | $950K | $507K | 20x | as long as short |
| Nado SPY-PERP | +0.0086% | 1h | 771.76 | −0.068% | $1.5M | $252K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 771.83 | −0.060% | $2.5M | $1.0M | 20x | as long as short |
| ApeX Omni SPYUSDT | +0.0100% | 1h | 771.94 | −0.045% | $164K | $25K | 50x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 772.25 | −0.005% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 771.68 | −0.079% | $87K | — | 10x | as long as short |
| Lighter SPY | +0.0112% | 1h | 772.19 | −0.013% | $7.9M | $17.1M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 772.22 | −0.010% | $10K | — | 26x | as long as short |
| RISEx SPY/USDC | +0.0211% | 1h | 772.35 | +0.008% | $7.2M | $3.5M | 25x | as long as short |
| edgeX SPYUSDC | +0.0739% | 4h | 772.42 | +0.016% | $638K | $243K | 20x | as long as short |
Aster SPYUSDT
HTX SPY-USDT
BloFin SPY-USDT
Phoenix SPY
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDT
GRVT SPY_USDT_Perp
SunX SPY-USDT
Lighter RH SPY
Deribit SPY_USDC-PERPETUAL
Coinbase International SPY-PERP-INTX
KuCoin SPYUSDTM
ApeX Omni SPYUSDT
Lighter SPY
GMX SPY/USD [ETH-USDC]
RISEx SPY/USDC
edgeX SPYUSDC